Stifel Downgrades Williams Partners as Sees 'Significant' Impact from Geismar Explosion
June 14, 2013 at 09:35 AM EDT
Stifel analyst Selman Akyol downgraded Williams Partners (NYSE: WPZ ) to Hold on the heels of an expected negative financial impact from Geismar olefins plant explosion on Thursday. Akyol said the explosion will significantly affect Williams Partners in the short term given strong ethylene margins. Nevertheless, the company expects greater